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Home > Shangqing pushed copper premiums at the end of the swap proposed by clearing operations|local plumbers

Shangqing pushed copper premiums at the end of the swap proposed by clearing operations|local plumbers

Futures daily reported on September 29: Qing, Deputy General Manager Li Rui-Yong said on Friday, Shanghai Clearing House will be launched later this year in Shanghai's free trade area copper premium swap central counterparty services.

Li Rui-Yong was held at the "reform of the over-the-counter market after a crash and mechanism innovation of" International made the remarks at a seminar.

It is understood that the copper premium central counterparty swap operations will be conducted in cross-border renminbi-denominated, clearing and settlement. Zhihou, shangqing also in Shanghai by the FTA launched research chemicals, metals and other commodities that are not present on the international market of derivatives clearing.

"From a global perspective, copper premium swap central counterparty service is pioneered in the relevant areas. These products not only meet the hedging needs of Chinese enterprises, but also attracting broad participation of businesses there is a demand. "Li Rui-Yong said.

In recent years, the macro-economic situation is complex, frequency and amplitude of fluctuations in commodity prices increased. Related industries and enterprises actively using China's commodity futures market avoid the risk of price fluctuations at the same time, some personalized risk management needs could not be met, led some companies still risk exposure.

According to the data released by the shangqing, launched on April 16, 2013 RMB forward freight agreements the size ladder of growth, at present, the role of clearing settlement amount of 5% per cent of the world shipping agreement.

Launched in August of central counterparties for iron ore, steam coal swaps of RMB clearing business is running well. Among them, the RMB clearing iron ore swaps over Singapore early clearing iron ore swaps clearing, now account for the Singapore clearing of OTC clearing iron ore swaps volume 15.75%; thermal coal swaps of RMB clearing is the Singapore clearing house coal and coal Futures Swaps total 11.23 times. As the market-maker of the business, such as CITIC Securities and China Merchants securities offer good liquidity in the market as a whole.

"With the gradual opening up of free trade zone, Shanghai, we will gradually on both domestic and foreign markets, and better serve the real economy and institutional investors both inside and outside. "Li Rui-Yong said that by introducing Chinese spot price index-mark, shipping and settled in RMB-denominated, liquidation, commodity derivatives, will gradually increase the Yuan priced voice

Futures daily reported on September 29: Qing, Deputy General Manager Li Rui-Yong said on Friday, Shanghai Clearing House will be launched later this year in Shanghai's free trade area copper premium swap central counterparty services.

Li Rui-Yong was held at the "reform of the over-the-counter market after a crash and mechanism innovation of" International made the remarks at a seminar.

It is understood that the copper premium central counterparty swap operations will be conducted in cross-border renminbi-denominated, clearing and settlement. Zhihou, shangqing also in Shanghai by the FTA launched research chemicals, metals and other commodities that are not present on the international market of derivatives clearing.

"From a global perspective, copper premium swap central counterparty service is pioneered in the relevant areas. These products not only meet the hedging needs of Chinese enterprises, but also attracting broad participation of businesses there is a demand. "Li Rui-Yong said.

In recent years, the macro-economic situation is complex, frequency and amplitude of fluctuations in commodity prices increased. Related industries and enterprises actively using China's commodity futures market avoid the risk of price fluctuations at the same time, some personalized risk management needs could not be met, led some companies still risk exposure.

According to the data released by the shangqing, launched on April 16, 2013 RMB forward freight agreements the size ladder of growth, at present, the role of clearing settlement amount of 5% per cent of the world shipping agreement.

Launched in August of central counterparties for iron ore, steam coal swaps of RMB clearing business is running well. Among them, the RMB clearing iron ore swaps over Singapore early clearing iron ore swaps clearing, now account for the Singapore clearing of OTC clearing iron ore swaps volume 15.75%; thermal coal swaps of RMB clearing is the Singapore clearing house coal and coal Futures Swaps total 11.23 times. As the market-maker of the business, such as CITIC Securities and China Merchants securities offer good liquidity in the market as a whole.

"With the gradual opening up of free trade zone, Shanghai, we will gradually on both domestic and foreign markets, and better serve the real economy and institutional investors both inside and outside. "Li Rui-Yong said that by introducing Chinese spot price index-mark, shipping and settled in RMB-denominated, liquidation, commodity derivatives, will gradually increase the Yuan priced voice